The Business Software Products industry has opened up its gateways for International business people. Today, no matter how big or small your business is, technology has become an essential business tool to run the day to day operations. There is no denying that Business Software Products play a vital role in moving your business ahead on this competitive market.
A Business Management Software Suite is a combined solution of various applications and products that will help you manage the different areas of business like people, finance, operations, sales, etc. Different types of Business Management Tools include Invoicing, Asset Management, CRM, Database software, Word processing programs, etc.
Small and medium enterprises have adopted the Business Process as a Service (BPaaS).Fact Check: Use of Business Management tools offer several benefits like ease of use, flexibility, improved productivity, and reduced cost of the solution. These benefits will make the Business Process Management market to reach $23.04 billion by 2024 according to the research performed by Global Market Research Insights.
The graph below shows the growth of the market size for different categories.
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Global Market Research Insights has researched the growth of the business process management market.
The growth of the market is shown in the below graph.
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Suggested Reading =>> Top 12 Small Business Order Management System
Benefits of Business Management Software
Business Management Software reduces the cost of operations and simplifies the processes. It is a flexible solution as per the changing requirements of your business. It will allow you to review the critical business information in real-time.
Difference between ERP and Business Management Software
Business Management Software is a robust solution compared to ERP. It streamlines the processes and improves collaboration for organizations. BMS is a scalable solution. BMS solution is easy to implement than ERP. ERP is an expensive solution but BMS reduces the cost of implementation and maintenance.Pro Tip: Selection of a Business Management Tool truly depends on your requirement of automating the tasks and processes. The business size and price of the software also play an important role in the selection process.
The features and functions that every Business Management Tool usually provides include Tasks management, Time tracking, File storage & sharing, budget management, invoicing, and resource management.
1. Scoro
Scoro is a powerful business management solution that combines all the features you might need to manage your company: projects & tasks, contact management, quotes, team collaboration, billing, and reporting.
Top features:
- Real-time customizable KPI dashboards
- Customer management & sales pipeline
- Detailed reports on every aspect of your business
- Quoting and invoicing with pre-set templates and automation
- Project, task, and time management
- Shared team calendar & meeting scheduling
What’s special about this tool: Scoro helps to streamline your entire work progress, so you don’t need to use different tools for every task. Scoro also has the most advanced business intelligence features – detailed reporting and custom dashboards.
Pricing: From $26 user/month
Read on: Scoro Named #1 Business Management Software
2. StudioCloud
StudioCloud is a solution that gives small businesses all the features they need to manage their work successfully.
Top features:
- Manage clients, leads, organizations, partners, and vendors
- Schedule, events, appointments, locations, and more
- Create and send professional invoices and quotes from customized price-lists
- Send personalized text and email reminders, payment requests, etc.
What’s special about this tool: Are you a one-man band? Then this software is for you! StudioCloud provides mobility by syncing all of your data between the cloud, your desktop, and all of your internet-enabled devices.
Pricing: $65/month for teams of 3 + (additional cost for every new user account)
3. Zoho One
Zoho One — The tools you need to create, collaborate, and communicate with your teams, in one integrated suite of apps.
Top features:
- Sales & Marketing – CRM, email integration, online forms, live chat
- Collaboration – documents storage and sharing, team chat, online meetings
- Finance – accounting, invoices, expense management, inventory management
- Create custom applications and automate your personalized business workflows
What’s special about this tool: You can integrate 37 of Zoho separate applications such as CRM, Mail, Finance, Creator, Books, Recruit, etc. to manage your business.
Pricing: From $30 user/month
Check out this Zoho Alternative
4. Odoo
Odoo is a suite of open source business apps that cover your company needs: CRM, eCommerce, accounting, inventory, the point of sale, project management, etc.
Top features:
- Get accurate forecasts
- Automate activities based on your sales scripts: calls, meetings, and quotations
- Real-time messaging to enhance collaboration
What’s interesting about this tool: Odoo focuses mainly on CRM and ERP functionalities. It also has a large application market due to its open-source model.
Pricing: From $14 user/month
5. Basecamp
Basecamp is the preferred tool for teams who enjoy its modern social media-like interface and carefree team collaboration features.
Top features:
- Projects to manage multiple users’ work
- Message boards for discussing new projects or ideas
- In-app collaboration with the team
- Reporting on project performance
- Separate dashboard for showing to clients
What’s special about this tool: Basecamp is free for teachers and students!
Price: $99/month for unlimited users
6. NetSuite
NetSuite is an unified business management suite, providing various tools for ERP, Financials, CRM, HR, and eCommerce.
Top features:
- Multiple currencies and taxation rules, financial consolidation, subsidiary management
- End-to-end eCommerce management (order management, CRM, marketing, and finance)
- Services resource planning (resource management, project accounting, timesheet, and expense management)
- Business Intelligence (dashboards, reporting, and analysis across the integrated processes)
What’s interesting about this tool: NetSuite offers various toolsets –NetSuite CRM, NetSuite OpenAir, NetSuite Global Business Management, NetSuite PSA etc. Be ready to take time and filter out which NetSuite solution could be the best for you.
Pricing: On request
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7. Proofhub
ProofHub offers a replacement for conventional emailing and a bunch of other tools, integrating multiple project management features under one roof.
Top features:
- Assigned user roles
- Online team discussions and chats
- Task delegation and assignments
- Reporting and tracking project history
- Secure file storage
What’s special about this tool: ProofHub has a simple and well-designed user interface that improves team collaboration.
Pricing: From $20/month (up to 10 projects) to $150/month (unlimited projects)
8. Active Collab
Active Collab helps your team stay organized, and gives you complete control over your work.
Top features:
- Time tracking and invoicing
- Gantt-like timeline for planning
- Kanban cards
- Creating tasks with multiple users and deadlines
- A shared team calendar for collaboration
What’s interesting about this tool: Active Collab is especially great for collaboration, with functions like collaborative text editing and @mentions for communication.
Pricing: From $6.25 user/month for a basic package
9. Clarizen
Clarizen’s cloud-based work management software that brings together project management, configurable workflow automation, and in-context collaboration for better engagement.
Top features:
- Unlimited number of projects
- Automated and repeatable processes, alerts and workflows
- Social collaboration
- Budget tracking & expense management
What’s special about this tool: Clarizen offers configurable workflows – customize Clarizen to fit how your enterprise does business.
Pricing: From $29.95 user/month
Conclusion
Business Software Products – A great way to see how a business is performing based on the type of business and systems they use. Each profile is loaded with free resources and tools that can be used to improve your businesses performance.